Your Daily Dose of Climate Hope: November 4, 2024
Your Daily Dose of Climate Hope: November 4, 2024
The IEA's World Energy Outlook for 2024 has some very, very, very good news!
The International Energy Agency’s World Energy Outlook for 2024 has some very, very, very good news on clean energy progress and an imminent peak in CO2 emissions.
Tell Congress to check out the findings of the IEA’s World Energy Outlook 2024!
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Reasons For Hope
Two big new reports on the state of clean energy and the global fight against climate change dropped recently: the International Energy Agency’s annual World Energy Outlook for 2024 and a lesser-known consultancy’s report that has broadly similar findings. They have some very, very, very good news. Key takeaways include:
Solar power continues to grow insanely rapidly worldwide, and will likely quadruple by 2030.
Solar power will likely become the world’s biggest source of electricity by 2033.
The IEA now expects 16,000 GW (16,000,000 MW) of solar power capacity on Earth by 2050, 11 times more than what they expected for 2050 as of 2015.
As of 2023, we’ve already built more solar than what the 2015-era IEA expected would be built by 2050. Wow!
Battery storage is also growing rapidly, and its forecasts also keep being revised up.
EVs are being adopted faster than expected, and are set to displace six million barrels of oil per day by 2030.
The IEA expects the much-hyped AI-driven data centers boom to drive only 3% of electricity demand growth to 2030.
Thanks to this gigantic global cleantech boom, global carbon dioxide emissions are likely peaking right now. As in, 2024 (per the consultancy) or 2025 (per the IEA) may be the all-time high-water mark for how much CO2 humanity pumps into the atmosphere each year.
WOW! LOOK HOW FAR WE’VE COME! We are making progress, folks! We can win this thing. Now we need to accelerate on the right track.
This global perspective on the rapid transformation of human civilization’s energy sector is vital context for U.S. policymaking - and a very clear reason to support and sustain the Biden-Harris Administration’s farsighted investments in cleantech, for geopolitical competitiveness alone! A constituent’s letter could help push this vital data onto an influential Congressional staffer’s radar screen.